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united technology. back to you. lori: oil prices are fighting for games here. trying to follow gains in the equity market. >> it is battling. it is getting a heck of a lot closer. there is absolute no dow about it. the rbob market is lower. part of that is refineries. that is actually putting downward pressure on gas. lori: battles falling. >> i think we are getting darn close. when they give you $200 almost overnight in a rally back to 100, i would take my profits to. technically, it really looks like we could have a major rebound chart. melissa: gold has fallen more than 15% of far this year. we have the global head of research. patrick, thank you for being here today. you guys are betting that gold is going to 1200 by the end of the year. >> we are now at 1200. people bought old in the past. we are looking at risk. money creation, central bank, yes. there is no credit. negative interest rates. they will be moving into positive. 1200 is our next target. melissa: you think them that we have seen lately is just technical. let's talk about the physical demand going on in asia. there a
? >> well, they are saying that there was a bug in the c.m.e. group technology that allowed about 500 trades out of a million specifically in the agricultural group as well as the energy group. as far as swaps on the commodities, the trades were identified. remember, they're supposed to remain anonymous. 500 out of the million were identified to their customer firms. this is obviously something that was not intended to happen. c.m.e. group has issued this response. on monday, april 1, 2013, c.m.e. implemented an enhancement to its s.d.r. swap reporting service. enhancement contained a bug that permitted a small number of market participants to view commodity swap trades of other market participants. approximately 500 transactions out of a total of nearly a million were mistakenly disclosed. customers were who alerted the exchange of the problem. obviously they're saying this was a mistake. confidentiality is key for their market participants but again, it has been corrected and they are saying that it was a bug in their technology that led to this data breach. so it's all under control now b
but in the modern american state with a local economy in the fast-moving technology we need a very strong executive. now, i don't think we need to settle that, whether we should have a powerful executive or not is not critical to my argument because even if the executive branch is not accumulating too much power it has amassed too much power for one person. that's the problem. because when one person exercises the summer must power in the modern u.s. presidency we shouldn't be surprised if the system breaks down. a single president represents the views of one political party. all of us want to have a voice but only have the public has a meaningful input. currently we have a democratic president who represents the views of the democratic voters. from 2001 to 2008 where the republican president who represent the views of republican voters so it's no wonder when you have one president from one party that the party out of power spends all of its time trying to regain the oval office and not enough that it's time trying to adjust -- so under the current system democrats and republicans fight tooth and n
, as you say, is health care, is tapels, parts of the media, parts of the technology space, as well, clearly defensive growth. and then the other part of the bar bell, we want to take advantage of some of those attractive valuations in equities and in europe. we would rather go into financials selectively and look at those insurance companies, those banks, as well, which is perhaps have sold off more in the market than the recent pullback and look at all of those companies which have improving or strong capital positions. and you end up looking at some of the german insurers and the swiss bank. they look pretty strong for us. >> jonathan, thanks very much for that. . >>> today is also worldwide -- in china, "worldwide exchange" in china day. i'm in hong kong because i've just spent the weekend at the china entrepreneur's club annual meeting of green companies in china. i've just come back from there and the china entrepreneur's club is a group 50, 51 of the leading ceos of the private companies. around $300 billion in revenue is what those combined companies have. one of the sectors
the door for this, but this is why i answer the way i did that i see that with the technology goings way it is and with drone technology advancing and drones getting smaller and smaller, they are not going to the the giant, big predators flying over pakistan, but little small drones to be armed with things. this is not science fiction here in terms of this is actually happening. >> booktv on location on the campus of the university of southern california at the l.a. times festival of books talking with mark mazzetti, "new york times" national security correspondent and author of this book, "the way of the knife," and, jim, you're the next caller from idaho. hi, jim. >> caller: good afternoon, gentlemen. i have a question. the la proider of servicee of to the war department in afghanistan, and i asked how the afghans were going, and i quoted him in the remark right now saying that it's basically a total failure. he went into details about that aspect of what basic means. what do you think the result is basically in afghanistan? >> well, it's obviously a question on a lot of people's mind.
, but this is where can't i enter the way i did, that i certainly see that with the technology going the way it is and with drone technology advancing a drone to small and smaller, they're not going to be the giant, the big predators that are flying over pakistan. they will be little small drones that could be armed with things. this is not science fiction here in terms of, this is actually happening. >> host: booktv is a location on the campus of the university of southern california at the al late-onset to our books. we are talking with mark mazzetti, security correspondent and author of this book, "the way of the knife." jim, you're the next caller. >> caller: good afternoon, gentlemen. i to question. i've already posted to one of the largest providers of service to the cia and also the war department in afghanistan. and i asked him howe a fghans was going. and i quote him in this remark right now. he says that is basically a total failure. and then went into details about that aspect of what basic means. what do you think the result is basically in afghanistan? >> guest: well, yeah, it's
Search Results 0 to 5 of about 6